Algorithmic Trading Software Based on Pattern Recognition: Returns up to 7.78% in 3 Days

Algorithmic Trading Software

The Computer Industry Stocks Package is designed for investors and analysts who need algorithmic trading software utilizing predictions of the best-performing stocks for the whole Computer Industry. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy in the computer industry:

  • Top 10 Computer Industry stocks for the long position
  • Top 10 Computer Industry stocks for the short position

Computer
Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 3 Days (12/18/20 – 12/22/20)
I Know First Average: 2.75%
Algorithmic Trading Software
Algorithmic Trading Software chart

For this 3 Days forecast the algorithm had successfully predicted 9 out of 10 movements. The highest trade return came from SSYS, at 7.78%. The suggested trades for CDNS and NICE also had notable 3 Days yields of 5.55% and 4.48%, respectively. The overall average return in this Computer Industry package was 2.75%, providing investors with a 3.70% premium over the S&P 500’s return of -0.95% during the same period.

Stratasys Ltd. provides three-dimensional (3D) printing and additive manufacturing solutions for the creation of parts used in the processes of designing and manufacturing products; and for the direct manufacture of end parts.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.